Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Indicators of macroeconomic stability and financial improvement in Q2 2022, compared to the same period last year;
Human development in Angola has registered slight improvements over the last two years;
The European Central Bank (ECB) raised the three main policy interest rates by 75 basis points;
Banco Caixa Geral de Angola (BCGA) launches an Initial Public Offering (IPO) to privatize 25% of the shares of its share capital belonging to the State;
The Angolan banking system now has only 24 commercial banks authorized to operate.

Best regards,
BFA

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